Fears that a warehouse fire that hit Asos over the weekend would increase the
temperature on the online retailer’s shares have been allayed after a
reassuring statement from the company.

Asos confirmed that none of the technology, automation, or structure of the
Barnsley facility, where a fire struck on late Friday evening, had been
affected, adding that initial estimates were that about 20 per cent of the
stock, worth £22 million, had been “compromised”.

Having suspended taking orders over the weekend, Asos said it was up and
running at 2am on Monday and will now scramble to shift any backlog